Average Rent in Sherwood Estates, Palm Bay-Melbourne-Titusville, FL and Rent Price Trends

Rent trends in Sherwood Estates, Palm Bay-Melbourne-Titusville, FL

Average rent prices in Sherwood Estates have decreased by 5% over the last month.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Sherwood Estates, Palm Bay-Melbourne-Titusville, FL

Rent prices in Sherwood Estates vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Sherwood Estates is $1,200, whereas a house costs $1,850. 1-bedroom apartments in Sherwood Estates run $1,010 on average, while 2-bedroom apartments are $1,200.


Studio	$1,349	-	13%
1 bedroom	$1,010	3%	-
2 bedroom	$1,700	4%	-
3 bedroom	$1,850	No Change	-
4 bedroom	$2,600	4%	-

		Listings
American Village	$1,250
China Ward Of Mims	$1,525
High Acres Estates	$1,600
La Cita	$1,700
Lake View Hills	$1,300
Royal Oak Golf Country Club	$1,200


Apartments	$1,200	3%	No Change
Condos	$1,747	-	No Change
Houses	$1,850	4%	No Change

Studio

Average rent

$1,349

Last year

13%

1 bedroom

Average rent

$1,010

Last 30 days

2 bedroom

Average rent

$1,700

Last 30 days

3 bedroom

Average rent

$1,850

4 bedroom

Average rent

$2,600

Last 30 days

The table above reflects average rent prices in Sherwood Estates, Palm Bay-Melbourne-Titusville, FL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Sherwood Estates, Palm Bay Melbourne Titusville, FL compare to other neighborhoods?

Compare median rent prices in Sherwood Estates and China Ward Of Mims by all bedroom counts and property types.

Sherwood Estates

Median rent price$1,575

19%

lower than the national median

Median rent price$1,525

22%

lower than the national median

Takeaway

The median rent for all rentals in Sherwood Estates, Palm Bay Melbourne Titusville, FL is 3% higher than the median rent in China Ward Of Mims, Mims, FL.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,525

$1,600

$1,250

$1,700

$1,300

Royal Oak Golf Country Club

$1,200

Last year

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Frequently asked questions for Sherwood Estates, Palm Bay-Melbourne-Titusville, FL

Quick answers to common questions about the Sherwood Estates rental market.

How much is rent in Sherwood Estates?

The average rent in Sherwood Estates is $1,575 per month as of June 20, 2026.

Is rent up or down in Sherwood Estates?

Average rent prices in Sherwood Estates have decreased by 5% over the last month.

How does Sherwood Estates rent compare to the national average?

Rent in Sherwood Estates is 19% below the national average, which means renters are paying approximately $375 less per month.

What salary do I need to afford rent in Sherwood Estates?

To comfortably afford rent in Sherwood Estates, you'd need to earn approximately $63,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).